$HFWA
Market Cap:
$901 Million
Financial Snapshot
Revenues
Revenues
Revenue YoY Change
Revenues
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $309.7M | $284.5M | $227.5M | $212.8M | $214.3M | $217.9M | $199.4M | $147.7M | $138.5M | $135.7M | $121.1M | $71.43M | $69.11M | $74.12M | ||||||||||||||||
| YoY Change | 8.88% | 25.06% | 6.87% | -0.69% | -1.62% | 9.25% | 35.0% | 6.64% | 2.04% | 12.08% | 69.55% | 3.36% | -6.76% |
Expenses
Cost Of Revenues
No data
No data
Gross Profit
No data
No data
Gross Profit Margin
No data
No data
Gross Profit
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $309.7M | $284.5M | $227.5M | $212.8M | $214.3M | $217.9M | $199.4M | $147.7M | $138.5M | $135.7M | $121.1M | $71.43M | $69.11M | $74.12M | ||||||||||||||||
| Cost Of Revenue | ||||||||||||||||||||||||||||||
| Gross Profit | ||||||||||||||||||||||||||||||
| Gross Profit Margin |
Selling, General & Admin Expense
No data
No data
Research & Development
Depreciation, Depletion & Amortization
SGA Expense to Gross Profit Ratio
No data
No data
R&D To Gross Profit Ratio
No data
No data
DDA To Gross Profit Ratio
No data
No data
Operating Expenses Total
Operating Profits/Loss
No data
No data
Operational Expenses
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General & Admin | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| % of Gross Profit | ||||||||||||||||||||||||||||||
| Research & Development | $16.80M | $16.53M | $14.45M | $13.02M | $9.888M | $8.176M | $7.312M | $7.700M | $9.243M | $4.806M | $2.555M | $2.628M | ||||||||||||||||||
| YoY Change | 1.61% | 14.42% | 10.96% | 31.69% | 20.94% | 11.82% | -5.04% | -16.69% | 92.32% | 88.1% | -2.78% | |||||||||||||||||||
| % of Gross Profit | ||||||||||||||||||||||||||||||
| Depreciation & Amortization | $6.567M | $6.300M | $5.400M | $5.300M | $5.500M | $4.700M | $4.400M | $3.900M | $3.900M | $4.000M | $3.500M | $2.300M | $2.100M | $1.900M | $2.280M | $1.220M | $1.240M | $1.620M | $1.690M | $1.770M | $1.710M | $1.860M | $1.770M | $2.300M | $2.260M | $2.270M | $1.200M | $1.170M | $350.0K | $160.0K |
| YoY Change | 4.24% | 16.67% | 1.89% | -3.64% | 17.02% | 6.82% | 12.82% | 0.0% | -2.5% | 14.29% | 52.17% | 9.52% | 10.53% | -16.67% | 86.89% | -1.61% | -23.46% | -4.14% | -4.52% | 3.51% | -8.06% | 5.08% | -23.04% | 1.77% | -0.44% | 89.17% | 2.56% | 234.29% | 118.75% | |
| % of Gross Profit | ||||||||||||||||||||||||||||||
| Operating Expenses | $16.80M | $16.53M | $14.45M | $13.02M | $9.888M | $8.176M | $7.312M | $7.700M | $9.243M | $4.806M | $2.555M | $2.628M | ||||||||||||||||||
| YoY Change | 1.61% | 14.42% | 10.96% | 31.69% | 20.94% | 11.82% | -5.04% | -16.69% | 92.32% | 88.1% | -2.78% | |||||||||||||||||||
| Operating Profit | ||||||||||||||||||||||||||||||
| YoY Change |
Interest Expenses
Interest Expenses To Operating Income %
No data
No data
Other Expense/Income
No data
No data
Interest & Other Expense/Income
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Expense | $59.31M | $8.072M | $7.042M | $13.32M | $18.17M | $12.41M | $8.346M | $6.006M | $6.120M | $5.681M | $3.724M | $4.534M | $6.582M | |||||||||||||||||
| YoY Change | 634.76% | 14.63% | -47.14% | -26.67% | 46.36% | 48.73% | 38.96% | -1.86% | 7.73% | 52.55% | -17.87% | -31.12% | ||||||||||||||||||
| % of Operating Profit | ||||||||||||||||||||||||||||||
| Other Income/Expense, Net | ||||||||||||||||||||||||||||||
| YoY Change |
Income/Loss
Pretax Income
Income Tax
Net Profits/Loss
Pretax Income YoY Change
Income Tax Rate
Net Profits/Loss YoY Change
Basic EPS
Net Income To Revenue Ratio
Pretax & Net Income
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pretax Income | $52.26M | $72.92M | $99.44M | $120.5M | $53.18M | $81.05M | $64.30M | $60.15M | $52.72M | $51.31M | $27.92M | $14.17M | $19.44M | $9.151M | $19.80M | $100.0K | $9.300M | $16.10M | $15.90M | $15.50M | $14.30M | $13.60M | $14.30M | $10.70M | $8.900M | $8.300M | $6.500M | $2.600M | $4.200M | $3.800M |
| YoY Change | -28.33% | -26.67% | -17.49% | 126.6% | -34.38% | 26.05% | 6.9% | 14.09% | 2.76% | 83.77% | 97.06% | -27.12% | 112.42% | -53.78% | 19700.0% | -98.92% | -42.24% | 1.26% | 2.58% | 8.39% | 5.15% | -4.9% | 33.64% | 20.22% | 7.23% | 27.69% | 150.0% | -38.1% | 10.53% | |
| Income Tax | $9.001M | $11.16M | $17.56M | $22.47M | $6.610M | $13.49M | $11.24M | $18.36M | $13.80M | $13.82M | $6.905M | $4.593M | $6.178M | $2.633M | $6.400M | -$500.0K | $3.000M | $5.400M | $5.400M | $5.000M | $4.700M | $4.700M | $4.900M | $3.800M | $2.900M | $3.000M | $2.300M | $0.00 | $1.400M | $1.300M |
| % Of Pretax Income | 17.22% | 15.31% | 17.66% | 18.65% | 12.43% | 16.64% | 17.48% | 30.52% | 26.18% | 26.93% | 24.73% | 32.42% | 31.78% | 28.77% | 32.32% | -500.0% | 32.26% | 33.54% | 33.96% | 32.26% | 32.87% | 34.56% | 34.27% | 35.51% | 32.58% | 36.14% | 35.38% | 0.0% | 33.33% | 34.21% |
| Net Earnings | $43.26M | $61.76M | $81.88M | $98.04M | $46.57M | $67.56M | $53.06M | $41.79M | $38.92M | $37.49M | $21.01M | $9.575M | $13.26M | $6.518M | $13.40M | $600.0K | $6.400M | $10.70M | $10.50M | $10.50M | $9.600M | $8.900M | $9.400M | $7.000M | $6.000M | $5.400M | $4.300M | $2.600M | $2.800M | $2.500M |
| YoY Change | -29.95% | -24.57% | -16.48% | 110.51% | -31.07% | 27.33% | 26.96% | 7.38% | 3.81% | 78.4% | 119.47% | -27.8% | 103.45% | -51.36% | 2133.33% | -90.63% | -40.19% | 1.9% | 0.0% | 9.38% | 7.87% | -5.32% | 34.29% | 16.67% | 11.11% | 25.58% | 65.38% | -7.14% | 12.0% | |
| Net Earnings / Revenue | 13.97% | 21.71% | 36.0% | 46.06% | 21.73% | 31.01% | 26.61% | 28.29% | 28.1% | 27.62% | 17.35% | 13.41% | 19.19% | 8.79% | ||||||||||||||||
| Basic Earnings Per Share | $1.26 | $1.76 | $2.33 | $2.75 | $1.29 | $1.84 | $1.49 | $1.39 | $1.30 | $1.25 | $0.01 | $0.01 | $0.87 | $0.42 | ||||||||||||||||
| Diluted Earnings Per Share | $1.24 | $1.75 | $2.309M | $2.73 | $1.29 | $1.83 | $1.49 | $1.39 | $1.30 | $1.25 | $0.01 | $0.01 | $0.87 | $0.42 | $1.196M | $76.92K | $969.7K | $1.597M | $1.591M | $1.641M | $1.500M | $1.254M | $1.205M | $823.5K | $618.6K | $469.6K | $383.9K | $230.1K | $285.7K | $245.1K |
Assets & Liabilities
Cash & Short-Term Investments
No data
No data
Cash & Equivalents
No data
Cash To Operating Expenses Ratio
No data
No data
Inventory
No data
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Receivables
No data
No data
Total Short-Term Assets
No data
No data
Property, Plant And Equipment
Long-Term Investments
No data
No data
Total Long-Term Assets
No data
No data
Total Assets
Net Income To Total Assets Percentage
Accounts Payable
No data
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Short-Term Debt
Long Term Debt Due
No data
No data
Total Short-Term Liabilities
Long-Term Debt
Other Long-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
Short-Term To Long-Term Debt Ratio
Short-Term Assets To Debt Ratio
No data
No data
Long-Term Debt To Net Income Ratio
Assets & Liabilities
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short-Term Investments | ||||||||||||||||||||||||||||||
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| Cash & Equivalents | ||||||||||||||||||||||||||||||
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| Other Short-Term Assets | ||||||||||||||||||||||||||||||
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| Inventory | ||||||||||||||||||||||||||||||
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| Receivables | ||||||||||||||||||||||||||||||
| Other Receivables | ||||||||||||||||||||||||||||||
| Total Short-Term Assets | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment | $74.90M | $76.93M | $107.0M | $103.5M | $110.9M | $81.10M | $60.30M | $63.90M | $61.90M | $64.90M | $34.30M | $24.80M | $23.00M | $21.80M | $16.40M | $15.70M | $14.80M | $15.70M | $15.80M | $16.90M | $17.50M | $18.00M | $19.00M | $19.50M | $18.90M | $18.10M | $12.20M | $11.20M | $11.20M | |
| YoY Change | -2.64% | -28.1% | 3.38% | -6.67% | 36.74% | 34.49% | -5.63% | 3.23% | -4.62% | 89.21% | 38.31% | 7.83% | 5.5% | 32.93% | 4.46% | 6.08% | -5.73% | -0.63% | -6.51% | -3.43% | -2.78% | -5.26% | -2.56% | 3.17% | 4.42% | 48.36% | 8.93% | 0.0% | ||
| Goodwill | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Intangibles | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Long-Term Investments | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Other Assets | $11.00M | $4.300M | $9.100M | $4.500M | $2.400M | $2.200M | $1.300M | $800.0K | $400.0K | $0.00 | ||||||||||||||||||||
| YoY Change | 155.81% | -52.75% | 102.22% | 87.5% | 9.09% | 69.23% | 62.5% | 100.0% | ||||||||||||||||||||||
| Total Long-Term Assets | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Total Assets | $7.175B | $6.980B | $7.432B | $6.615B | $5.553B | $5.317B | $4.113B | $3.879B | $3.651B | $3.458B | $1.659B | $1.346B | $1.369B | $1.368B | $1.015B | $946.1M | $886.1M | $852.9M | $751.2M | $697.3M | $640.9M | $594.6M | $609.6M | $573.5M | $511.0M | $475.9M | $242.2M | $222.1M | $222.1M | |
| YoY Change | ||||||||||||||||||||||||||||||
| Accounts Payable | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Accrued Expenses | $200.1M | $189.3M | $124.6M | $140.3M | $120.2M | $72.00M | $67.60M | $46.10M | $29.90M | $45.70M | $14.70M | $12.60M | $7.300M | $10.10M | $5.800M | $8.500M | $7.900M | $7.800M | $8.600M | $8.100M | $5.800M | $4.700M | $7.400M | $5.000M | $6.600M | $6.000M | $2.600M | $3.500M | $3.500M | |
| YoY Change | 5.69% | 51.92% | -11.19% | 16.72% | 66.94% | 6.51% | 46.64% | 54.18% | -34.57% | 210.88% | 16.67% | 72.6% | -27.72% | 74.14% | -31.76% | 7.59% | 1.28% | -9.3% | 6.17% | 39.66% | 23.4% | -36.49% | 48.0% | -24.24% | 10.0% | 130.77% | -25.71% | 0.0% | ||
| Deferred Revenue | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Short-Term Debt | $0.00 | $46.60M | $50.80M | $35.70M | $20.20M | $31.50M | $31.80M | $22.10M | $23.20M | $32.20M | $29.40M | $16.00M | $23.10M | $19.00M | $10.40M | $0.00 | ||||||||||||||
| YoY Change | -100.0% | -8.27% | 42.3% | 76.73% | -35.87% | -0.94% | 43.89% | -4.74% | -27.95% | 9.52% | 83.75% | -30.74% | 21.58% | 82.69% | ||||||||||||||||
| Long-Term Debt Due | ||||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Total Short-Term Liabilities | $200.1M | $189.3M | $124.6M | $140.3M | $120.2M | $72.00M | $67.60M | $46.10M | $29.90M | $45.70M | $14.70M | $12.60M | $7.300M | $10.10M | $5.800M | $8.500M | $7.900M | $7.800M | $8.600M | $8.100M | $5.800M | $4.700M | $7.400M | $5.000M | $6.600M | $6.000M | $4.400M | $2.600M | $3.500M | |
| YoY Change | 5.69% | 51.92% | -11.19% | 16.72% | 66.94% | 6.51% | 46.64% | 54.18% | -34.57% | 210.88% | 16.67% | 72.6% | -27.72% | 74.14% | -31.76% | 7.59% | 1.28% | -9.3% | 6.17% | 39.66% | 23.4% | -36.49% | 48.0% | -24.24% | 10.0% | 36.36% | 69.23% | -25.71% | ||
| Long-Term Debt | $21.77M | $21.47M | $21.20M | $20.90M | $20.60M | $20.30M | $20.00M | $19.70M | $19.40M | $19.10M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.000M | $3.400M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.000M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| YoY Change | 1.36% | 1.29% | 1.44% | 1.46% | 1.48% | 1.5% | 1.52% | 1.55% | 1.57% | -100.0% | -41.18% | -100.0% | ||||||||||||||||||
| Other Long-Term Liabilities | $0.00 | |||||||||||||||||||||||||||||
| YoY Change | ||||||||||||||||||||||||||||||
| Total Long-Term Liabilities | $21.77M | $21.47M | $21.20M | $20.90M | $20.60M | $20.30M | $20.00M | $19.70M | $19.40M | $19.10M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.000M | $3.400M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.000M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| YoY Change | 1.36% | 1.29% | 1.44% | 1.46% | 1.48% | 1.5% | 1.52% | 1.55% | 1.57% | -100.0% | -41.18% | -100.0% | ||||||||||||||||||
| Total Liabilities | $6.322B | $6.182B | $6.578B | $5.795B | $4.744B | $4.556B | $3.605B | $3.397B | $3.181B | $3.003B | $1.443B | $1.147B | $1.167B | $1.165B | $856.4M | $833.0M | $801.1M | $774.3M | $685.0M | $636.3M | $578.7M | $522.2M | $531.1M | $490.5M | $415.7M | $375.3M | $214.5M | $196.4M | $196.4M | |
| YoY Change | 2.26% | -6.02% | 13.51% | 22.16% | 4.12% | 26.39% | 6.12% | 6.8% | 5.91% | 108.08% | 25.88% | -1.71% | 0.09% | 36.08% | 2.81% | 3.98% | 3.46% | 13.04% | 7.65% | 9.95% | 10.82% | -1.68% | 8.28% | 17.99% | 10.76% | 74.97% | 9.22% | 0.0% |
Ownership
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
No data
No data
Treasury Stock Shares
No data
No data
Stock Issuance & Repurchase
Ownership Data
| Concept | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Basic Shares Outstanding | 34.47M shares | 35.02M shares | 35.10M shares | 35.68M shares | 36.01M shares | 36.76M shares | 35.19M shares | 29.76M shares | 29.68M shares | 29.79M shares | 25.43M shares | 15.48M shares | 15.08M shares | 15.43M shares | ||||||||||||||||
| Diluted Shares Outstanding | 34.90M shares | 35.26M shares | 35.46M shares | 35.97M shares | 36.17M shares | 36.99M shares | 35.37M shares | 29.85M shares | 29.69M shares | 29.81M shares | 25.48M shares | 15.49M shares | 15.09M shares | 15.50M shares | ||||||||||||||||
| Preferred Stock | ||||||||||||||||||||||||||||||
| Treasury Stock Shares |
Return On Shareholders' Equity
Book Value
Free Cash Flow
Free Cash Flow YoY
Free Cash Flow Margin
Dividends
Dividends
No data
No data
Stock Price
Market Cap: $900.97 Million
About HERITAGE FINANCIAL CORP /WA/
Heritage Financial Corp. is a bank holding company, which engages in the business of planning, directing, and coordinating the business activities of wholly owned subsidiary, Heritage Bank. The company is headquartered in Olympia, Washington and currently employs 749 full-time employees. The firm is primarily engaged in the business of planning, directing, and coordinating the business activities of its wholly owned subsidiary, Heritage Bank (the Bank). Its business consists primarily commercial lending and deposit relationships with small and medium-sized businesses and their owners in its market areas and attracting deposits from the general public. The company also makes real estate construction and land development loans, consumer loans and residential real estate loans for sale or investment purposes on residential properties located primarily in its market. The company offers a full range of products and services to customers for personal and business banking needs designed to attract both short-term and long-term deposits. The company also offers investment advice through a wealth management department that provides objective advice from trusted advisers. The Bank conducts business from its approximately 50 branch offices.
Industry: Savings Institutions, Not Federally Chartered Peers: BROOKLINE BANCORP INC ConnectOne Bancorp, Inc. Origin Bancorp, Inc. Customers Bancorp, Inc. PREMIER FINANCIAL CORP PATHWARD FINANCIAL, INC. NICOLET BANKSHARES INC PNC FINANCIAL SERVICES GROUP, INC.
